Kenmare Resources Revenue vs. Total Debt
| KMR Stock | 4.28 0.06 1.42% |
For Kenmare Resources profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Kenmare Resources to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Kenmare Resources PLC utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Kenmare Resources's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Kenmare Resources PLC over time as well as its relative position and ranking within its peers.
Kenmare |
Kenmare Resources PLC Total Debt vs. Revenue Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Kenmare Resources's current stock value. Our valuation model uses many indicators to compare Kenmare Resources value to that of its competitors to determine the firm's financial worth. Kenmare Resources PLC is considered the number one company in revenue category among its peers. It also is considered the number one company in total debt category among its peers making up about 0.16 of Total Debt per Revenue. The ratio of Revenue to Total Debt for Kenmare Resources PLC is roughly 6.10 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Kenmare Resources' earnings, one of the primary drivers of an investment's value.Kenmare Revenue vs. Competition
Kenmare Resources PLC is considered the number one company in revenue category among its peers. Market size based on revenue of Other Industrial Metals & Mining industry is now estimated at about 12.61 Billion. Kenmare Resources holds roughly 455.94 Million in revenue claiming about 4% of all equities under Other Industrial Metals & Mining industry.
Kenmare Total Debt vs. Revenue
Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
Kenmare Resources |
| = | 455.94 M |
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
Total Debt refers to the amount of long term interest-bearing liabilities that a company carries on its balance sheet. That may include bonds sold to the public, notes written to banks or capital leases. Typically, debt can help a company magnify its earnings, but the burden of interest and principal payments will eventually prevent the firm from borrow excessively.
Kenmare Resources |
| = | 74.76 M |
In most industries, total debt may also include the current portion of long-term debt. Since debt terms vary widely from one company to another, simply comparing outstanding debt obligations between different companies may not be adequate. It is usually meant to compare total debt amounts between companies that operate within the same sector.
Kenmare Total Debt vs Competition
Kenmare Resources PLC is considered the number one company in total debt category among its peers. Total debt of Other Industrial Metals & Mining industry is now estimated at about 15.76 Billion. Kenmare Resources adds roughly 74.76 Million in total debt claiming only tiny portion of all equities under Other Industrial Metals & Mining industry.
Kenmare Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Kenmare Resources. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Kenmare Resources position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Kenmare Resources' important profitability drivers and their relationship over time.
Use Kenmare Resources in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Kenmare Resources position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Kenmare Resources will appreciate offsetting losses from the drop in the long position's value.Kenmare Resources Pair Trading
Kenmare Resources PLC Pair Trading Analysis
The ability to find closely correlated positions to Kenmare Resources could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Kenmare Resources when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Kenmare Resources - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Kenmare Resources PLC to buy it.
The correlation of Kenmare Resources is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Kenmare Resources moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Kenmare Resources PLC moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Kenmare Resources can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Kenmare Resources position
In addition to having Kenmare Resources in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Retail Thematic Idea Now
Retail
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Retail theme has 61 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Retail Theme or any other thematic opportunities.
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Additional Tools for Kenmare Stock Analysis
When running Kenmare Resources' price analysis, check to measure Kenmare Resources' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Kenmare Resources is operating at the current time. Most of Kenmare Resources' value examination focuses on studying past and present price action to predict the probability of Kenmare Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Kenmare Resources' price. Additionally, you may evaluate how the addition of Kenmare Resources to your portfolios can decrease your overall portfolio volatility.